I currently own just one Quad-Plex which is held inside an LLC, but plan on building my unit counts going forward as I learn and grow financially.  

Lindsay.I'd love to set up a time to talk and see if I can be of any help to you growing your portfolio out of state!

I tend to think that luck has much to do with any money-makers  Make sure, if you have committed to doing that, is that it is in a good location and the demand is good in that area, that the area has good amenities, good retail around it, and the population and jobs are growing in that area. 

Not educated on your market but I would assume if your looking to grow your portfolio having roughly $ 155k ( after you pay 20K LT Tax ) a great jumpstart no matter where the market.

Instead what was planted was whatever the (deal of the day) was and some of these trees can grow 30,50,100 feet etc.

Prices are low and the University seems to be growing (and supported by the state) which makes it seem a little safer.

I've spent the last 3 months voraciously consuming all things real estate.

The industry is so ripe for discussion with all of its: negative stigma, tenants/toilets/trash, fee-drivenness, landlord friendly, investor driven, technologically evolving and legislatively active...environment.There's the historic landlord and agent PM legal agency relationship with a traditional scope of service, duties/responsibilities between LL&T, evolving retail/consumer trends/expectations, etc.

@Michael ForbesIf you are not aware yet, a Roth IRA can be invested in real estate and may be a good way to continue to grow your Roth IRA tax-free funds.The rules require Roth IRA assets to be distributed in the following order: regular contributions, conversions and retirement plan rollovers, and earnings (IRC Sec. 408A(d)(4) and Treas.

If you're worried about legal risk, don't start a grow operation.